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Opinion
Chandrahas Choudhury

India's Economy Leaves Job Growth in the Dust

For the last two decades, India has had one of the world's fastest-growing economies.

For the last two decades, India has had one of the world's fastest-growing economies. Even in recent years, when the global recession and complacent policymaking have slowed progress, growth has remained a healthy 5 percent to 6 percent.

Recent surveys of employment patterns in the workforce, though, point to the disturbing fact that rapid growth over the last decade hasn't been accompanied by a spurt in jobs. If anything, the word "jobless" needs to be used as a caveat prefacing the words "Indian growth story" to better understand the nature of this country's triumphs and failures.